CCertihomes
214A Middlesex Ave, Medford, MA 02155

$1,000,000

0 beds 1 baths 2,144 sqft Built 1930Active

About this home

Offering a PRIME Commercial property & Business (listed on MLS 73148374) for SALE. This strategically positioned building in Medford is a true gem. Minutes from downtown Boston, Assembly Row, Encore Casino & short hop onto route 16 and I93 on-ramp. Its unrivaled location ensures unparalleled visibility, drawing customers from Malden, Everett, Chelsea, Medford, and Somerville, benefiting from the constant flow of high traffic. Currently operating as a successful dry-cleaning business, the building boasts state-of-the-art equipment and has thrived for over 15 years. Main level w/ 2, 144 sq ft provides ample working space and even features a full bathroom with a shower for added convenience. Semi-finished basement, spacious and well-organized, offers an equivalent capacity and currently serves as a supply storage area. Four off-street parking spots further enhance accessibility at the back of the building.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,859/mo

Real estate (PITI + HOA + PMI)
$6,671
Principal + interest$4,535
Property tax + insurance$1,761
PMI / 2nd mortgage$375
Utilities
$624
Heating + cooling$150
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$147
Car insurance + maintenance$147
Other (entertainment)
$158
$6,859/mo TLC
Budget$7,359/mo
Remaining after TLC$500/mo
Purchase price
$1,000,000
Down payment
$50,000 (5%)
Loan amount
$950,000
APR
4%

Quick facts

Type
COM
Style
Year built
1930
Lot size
0.08 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$9,362
MLS #
73148376
County
Middlesex

Home features

Roof
Shingle, Rubber

Neighborhood — 02155

MetricThis ZIPCountyUSA
Population54,2126,444,931299,088,112
Population Change Since1990-3.00%7.00%20.00%
Population Density6,637786
Male25,6833,127,134147,432,321
Female28,5293,317,797151,655,844
Never Married17,1261,612,88563,775,926
Married20,1302,586,314123,120,365
Separated1,776247,85712,639,686
Widowed3,799363,59415,467,586
Divorced3,299436,88823,075,029
Number Of House Hold21,8732,431,591111,826,380
Average House Hold Size2.422.562.60
Medial Age38.6237.2535.46
Median House Hold Income$58,761$57,698$48,276
Average House Hold Income$68,303$75,023$63,629
P C I$27,854$29,196$24,529
M D I$48,798$48,105$41,133
A T H E$53,922$57,083$50,898
S T R5.00%5.00%
W C J79.54%81.38%77.74%
(Zip) Code
2155

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 8/15/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.